Our Investment Management Alert includes information on the following current developments: 

  • Federal Reserve Announces Money Market Investor Funding Facility¬†
  • Cost Basis Reporting Provision Included in Emergency Economic Stabilization Act Will Expand Reporting Requirements for Investment Companies
  • SEC Staff Permits Money Market Funds to Use Amortized Cost Values to Shadow Price Certain Securities
  • Treasury Issues Tax Clarification Regarding Participation by Insurance-Dedicated Funds In Temporary Guarantee Program
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